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ACCT 105 Act105 week 3 100% COMPLETE QUESTIONS AND ANSWERS.

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Question 1 of 10 10.0/ 10.0 Points The consistency principle implies that a relationship exists between expenses and revenues. A. True B. False Answer Key: False Question 2 of 10 0.0/ 10.0 Points The Trial Balance columns of the work sheet show store fixtures of $4,000. Estimated depreciation for the period is $400. The Store Fixtures amount in the Balance Sheet columns of the work sheet will be a: A.$3,600 debit. B.$3,600 credit. C.$4,400 debit. D.$4,000 debit. E.$4,000 credit.

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